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As Is Where Is Must Be Sold

Christchurch Central, 8 Hurley Street

Contact agent for more information

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Sold
Sold
Listing Number: CR28759
About this listing

SOLD - This listing was sold in November 2015.

- Mouthwatering "as is where is" opportunity. Block of 7 units, 5 two bedroom and 2 one bedroom units (all with garage or car port) inside the four Avenues within the Avon Loop.
- "As is" Investors will like the current income without any need for improvements.
- Developers have two options; repair the units and increase the rental return or demolish and develop the 1017sqm site.
- All units are liveable and with instant income from 4 units and a projected rent roll of $105,000 when all units tenanted.
- The area is already undergoing renewal with a lot of new residential and commercial developments happening close by.
- Close knit community that offers great support to elderly and young families for example; Bridge club, community cottage and play group.
- Close to future Margaret Mahy park development, which has Uniquely designed recreational spaces, art pieces and water features.
- Walking distance to local amenities:- Kilmore road shops, Pomeroy's Brewery and Inn and the soon to be Re-opened Piko Health store.

Insurance has been settled, the decision has been made, this will be sold!
Property Information
  • Land Size: 1016 sqm
  • Tenure: Stratum in freehold
  • Approx year built: 1974
  • Property Type: Block of units
  • Unit style: Number in block: 7, Number of levels: 2
  • Garaging / carparking: 6x Single Lock-up, Open carport
  • Construction: Block and Fibre Cement Sheet
  • Joinery: Aluminium
  • Roof: Tile and Corrugated Iron
  • Flooring: Vinyl and Carpet
  • Window coverings: Drapes
  • Heating / Cooling: Electric, Other (Heatpump)
  • Property Features: Smoke alarms
  • Living area: Open plan
  • Main bedroom: Double and Built-in-robe
  • Bedroom 2: Double and Built-in / wardrobe
  • Bedroom 3: Double and Built-in / wardrobe
  • Bedroom 4: Double and Built-in / wardrobe
  • Bedroom 5: Double and Built-in / wardrobe
  • Bedroom 6: Double and Built-in / wardrobe
  • Bedroom 7: Double and Built-in / wardrobe
  • Bedroom 8: Double and Built-in / wardrobe
  • Bedroom 9: Double and Built-in / wardrobe
  • Bedroom 10: Double and Built-in / wardrobe
  • Laundry: Separate
  • Outdoor living: Garden, Deck / patio
  • Fencing: Partial
  • Land contour: Flat
  • Grounds: Tidy
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to transport, Close to shops

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